Form 4 for BXC BlueLinx Holdings Inc.
Accepted 2023-01-04 00:00:00 ET · period of report 2022-12-31 · accession 0001104659-23-000906 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-01-04 | 2022-12-31 | BXC | Reddy Shyam K. | CHIEF LEGAL AND SUST. Off | F - Tax | $71.11 | -9,957 | 32.3K | -24% | -$708.0K |
| D | 2023-01-04 | 2022-12-31 | BXC | Reddy Shyam K. | CHIEF LEGAL AND SUST. Off | M - OptEx | — | +21.8K | 42.2K | +107% | — |
| D | 2023-01-04 | 2023-01-02 | BXC | Reddy Shyam K. | CHIEF LEGAL AND SUST. Off | A - Grant | $0.00 | -4,745 | 4,745 | -50% | $0 |
| D | 2023-01-04 | 2022-12-31 | BXC | Reddy Shyam K. | CHIEF LEGAL AND SUST. Off | M - OptEx | $0.00 | -21.8K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-12-31 | F | D | 9,957 | $71.11 | 32,288 | D | — | — | (F3) These shares were withheld to cover tax withholding obligations when 21,821 time-based restricted stock units vested on December 31, 2022. |
| 2 | Common | Common Stock | 2022-12-31 | M | A | 21,821 | — | 42,245 | D | — | — | (F1) Represents the conversion of restricted stock units that vested on December 31, 2022, pursuant to that certain Transition Agreement, dated September 29, 2022, between BlueLinx Holdings Inc (the "Company") and the Reporting Person. Vested shares will be delivered to the Reporting Person not later than 30 days after the vesting date. (F2) Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. |
| 3 | Derivative | Restricted Stock Units | 2023-01-02 | A | D | 4,745 | $0.00 | 4,745 | D | — · — to — | 4,745 Common Stock | (F2) Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. (F4) Represents restricted stock units granted to the Reporting Person pursuant to that certain Amended Transition Agreement, dated December 23, 2022, between the Company and the Reporting Person. These are time-based restricted stock units that vest in two installments, with the first installment of 2,372 restricted stock units vesting on March 31, 2023 and the second installment of 2,373 restricted stock units vesting on June 30, 2023. Vested shares will be delivered to the Reporting Person not later than 30 days after the vesting date. |
| 4 | Derivative | Restricted Stock Units | 2022-12-31 | M | D | 21,821 | $0.00 | 0 | D | — · — to — | 21,821 Common Stock | (F2) Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. (F1) Represents the conversion of restricted stock units that vested on December 31, 2022, pursuant to that certain Transition Agreement, dated September 29, 2022, between BlueLinx Holdings Inc (the "Company") and the Reporting Person. Vested shares will be delivered to the Reporting Person not later than 30 days after the vesting date. |